Trade Plan – TK

1. When You Trade: (Non Negotiable) New York Session 2.30pm – 4.30pm UK. No Asian session. No boredom trades.
2. Timeframes: 15m – Bias / 5min – Structure / 1min – Entry.
3. The Strategy: (Simple and repeatable) Break & Retest…/ Trend Pullback – Rules: Mark London High/low (on chart)…Wait for New York break with momentum…Enter on pullback + rejection candle…Trade 1 direction only…No chasing. No Flipping bias.
4. Stops, Targets and lot size: (This is the edge) Asset Traded: Nas100 setup example…SL – 6-10 Points…TP-15-25 Points…R/R- 1:2 to 1:3…Risk rules – per trade = £7-10 or 2-2.5%…Max trades per day 2…Daily max loss- £15-20.
5. Lot Size example: (Very important) Account size: £370…Risk £8.00…Stop: 8 points…Adjust lot size so 1 point = £1…8 point loss = £8.00…20 point win = £20.00…2 clean (Winning) trades = £40 a day that’s textbook.
6. Psychology Rule: (Most Important) Your edge is not trading more…Your edge is: Waiting, Executing once, Stopping…Small accounts blow up from overconfidence, not bad strategy.
7. Scale Up Rules: When account hits £500 – daily target £30-50 per day…£1000 – daily target £50-80…£2000 daily target £100 per day (…becomes realistic).
8. Absolute No-Go Zone: GOLD…News trades…Revenge trades…more than 2 trades per day.